Dell's historically huge $67 billion purchase of EMC will happen on September 7

On September 7, EMC's roughly 50,000 employees will officially join Dell, which will be renamed Dell Technologies.

The $67 billion deal, the largest tech merger in history, cleared its last regulatory hurdle on Tuesday, by getting the nod from China's regulators.

Dell Technologies will be a private company with about 140,000 employees although large mergers like this always include a bit of uncertainty for the workforce.

That's especially true when they are financed through a lot of debt, which puts pressure on a company to tightly manage costs. Dell sold $20 billion worth of bonds as part of a bigger, extremely complex financing arrangement.

Still, when all is said and done, CEO Michael Dell will have realized his longstanding ambition to grow his company beyond its roots as a PC manufacturer into a major enterprise tech powerhouse on equal footing with rivals like Hewlett Packard Enterprise, Cisco, IBM.